Read the following paragraph and answer the questions :
One of numerous executive orders of the President aims to achieve global price parity for prescription drugs sold in the Country X. This move offers hope to many citizen’s burdened by high healthcare costs. Enforcing this rule in practice, however, might be challenging because it might entail into import-export rules that don’t align with existing legislation of Country X. Similar to President’s previous attempts to lower drug prices during his first term, this move could also encounter legal challenges. However, the government can take some action against large pharmaceutical companies, commonly referred to as ‘Big Pharma’, by encouraging less expensive generic drugs and putting an end to unfair practices that delays their release. Perhaps, the Country X pharmaceutical companies have not yet responded negatively to it possibly because the new order has little effect on their profits.
The majority of Indian pharmaceutical exports to Country X fall into the low profit generic drugs market, which is less vulnerable to President’s regulations of Country X. Indian businesses might not receive preferential treatment for their branded medicines as the Country X might prefer to purchase them from developed countries like Germany, UK or France. Additionally, as evidenced by trade negotiation with China, the Country X views pharmaceuticals as a sensitive area and might continue imposing special import duties on them. Generic medications from India are currently free from import duties in the Country X. However it might now insist on the same tariff-free treatment for its own Pharmaceutical exports to India. Meanwhile, India has established a solid international reputation as a supplier of affordable medications. It can bargain for better trade conditions by using this image.
Match List – I with List – II :
List – I [Country]
A. India
B. Germany
C. China
D. Country X
List – II [Role]
I. Where to find branded medications
II. Attempting to regulate the cost of drugs
III. Provider of inexpensive generic medicines
IV. Taking part in pharmaceutical discussions about tariffs
Choose the correct answer from the options given below :
✅ Correct Answer: A-III, B-I, C-IV, D-II
✅ Explanation:
Let’s carefully match each Country (List I) to its correct Role (List II) based on the paragraph:
A. India → III. Provider of inexpensive generic medicines
✔️ The passage clearly states:
“India has established a solid international reputation as a supplier of affordable medications.”
Also:
“The majority of Indian pharmaceutical exports to Country X fall into the low profit generic drugs market.”
So, India = Provider of inexpensive generic medicines ✅
B. Germany → I. Where to find branded medications
✔️ The passage states:
“Indian businesses might not receive preferential treatment for their branded medicines as the Country X might prefer to purchase them from developed countries like Germany, UK, or France.”
This means Germany is associated with branded (not generic) medications.
So, Germany = Where to find branded medications ✅
C. China → IV. Taking part in pharmaceutical discussions about tariffs
✔️ The passage states:
“…as evidenced by trade negotiation with China, the Country X views pharmaceuticals as a sensitive area and might continue imposing special import duties on them.”
This points to trade discussions and tariffs involving China.
So, China = Taking part in pharmaceutical discussions about tariffs ✅
D. Country X → II. Attempting to regulate the cost of drugs
✔️ The entire paragraph centers around an executive order by the President of Country X to:
“achieve global price parity for prescription drugs…”
“…President’s previous attempts to lower drug prices…”
So, Country X = Attempting to regulate the cost of drugs ✅
✅ Final Answer: A-III, B-I, C-IV, D-II.